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A Little-Known 401(k) Strategy Lets you Have your Cake and Eat it Too

It’s human nature to want to exert control over our stressors, and who among us has never felt fear when it comes to retirement planning?  While we have no control over market performance, a good financial advisor can often suggest strategies you’ve never heard of that can give you more control and potentially boost your retirement … Continue reading A Little-Known 401(k) Strategy Lets you Have your Cake and Eat it Too

All About Roth 401(k)s

“My company just started offering a Roth 401(k). What should I do?” This is a question I receive at least monthly from clients.  Since their invention in 2006, Roth 401(k)s have become more prevalent in employer plans. Having the flexibility to decide whether to contribute to a traditional, pre-tax 401(k) plan or the after-tax option … Continue reading All About Roth 401(k)s

The Myth of a Free 401(k)

A financially savvy client of mine was surprised last week when I mentioned that her 401(k) plan was not free. “But I checked with my company,” she said. “I asked what the plan costs, and they said it’s a free employee benefit.” On the surface this may appear true, but, in fact, 401(k) plans are … Continue reading The Myth of a Free 401(k)

5 Things Female Breadwinners Need from Their Financial Advisor

A growing portion of Relevé Financial's client base is comprised of female breadwinners, defined as women who bring in at least half of their family earnings. A study based on data from 2015 found that nearly half of these mothers (42%) were sole or primary breadwinners. Another quarter (22.4%) were co-breadwinners, bringing home 25 - … Continue reading 5 Things Female Breadwinners Need from Their Financial Advisor

Inadequate tax planning can mean lost income for investors

Financial advisors need to pay more attention to strategic tax planning. In my experience, too many clients are leaving money on the table because their advisor is overlooking opportunities to maximize tax savings in clients’ portfolios. How do I know this? I see it more often than I’d like when reviewing a potential new client’s … Continue reading Inadequate tax planning can mean lost income for investors

6 Things to Know About Required Minimum Distributions (RMDs)

If you are one of the fortunate ones who has stashed away pre-tax savings in an Individual Retirement Account (IRA) over the years, the IRS will be taking note of your 70th birthday. That’s when the government wants you to start paying taxes on the money you have accumulated. (IRAs are tax-deferred, not tax-free.) When … Continue reading 6 Things to Know About Required Minimum Distributions (RMDs)